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Should the government invest in Intel?

Tangle

Isaac Saul

News, Trump, Independent, News Commentary, Congress, Us Politics, Us News, Election, Us House Of Representatives, Local News, Us Senate, Nonpartisan, International News, Biden, Politics

4.7818 Ratings

🗓️ 21 August 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

On Tuesday, White House Press Secretary Karoline Leavitt confirmed reports that the Trump administration is working on a deal with Intel that would grant the U.S. government a 10% stake in the computer technology company. The possible agreement, first reported on August 14, may involveconverting roughly $10.86 billion in federal grants issued to Intel during the Biden administration into equity in the company, though the exact mechanism for doing so is unclear.



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Transcript

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0:00.0

from executive producer isaac saul this is tangle good morning good afternoon and good evening and welcome to theangle podcast, the place you get views from across the political spectrum, some independent thinking, and a little bit of my take.

0:27.2

I'm your host, Isaac Saul, and on today's episode, we're going to be talking about the potential deal with Intel between the federal government led by Donald Trump and some leaders at Intel.

0:38.4

We don't have as much information as I'd like, but this story's fascinating.

0:43.5

And I'm excited to cover it in part because I'm not sure I agree with a lot of the

0:49.0

commentary that I'm seeing about it.

0:50.9

So it's a good one.

0:52.6

We're going to dive in today.

0:53.8

Before we do, though,

0:54.6

I want to give you a quick heads up that tomorrow we're releasing a behind-the-scenes look

0:59.8

at our little mini documentary on our three days we spent with Representative Jake Auchin-Claw,

1:04.6

the Democrat from Massachusetts. We got indated with questions about the video, specifically

1:10.0

questions about what happened off-camera and what viewers didn't see.

1:14.5

Tomorrow, in our Members Only Friday edition, we're going to answer those questions.

1:18.4

We'll cover how the video came together, why we didn't see Hawking Clause fundraising, what his staff actually does,

1:24.5

and whether the influence of lobbyists was apparent.

1:30.0

A quick reminder that this is part of our members-only stuff on the podcast. So we'll release this as a Friday edition in the newsletter

1:36.1

and then we'll get a members-only podcast version of that newsletter out at some point over the weekend.

1:41.3

If you want to receive those members-only podcasts, well, you need to become a member.

1:45.9

You have to go to readtangle.com forward slash membership and buy a membership. If you scroll down to

1:51.7

the bottom, you can get a podcast-only membership if you are just a listener. If you want to bundle it

1:56.8

with a newsletter subscription or a membership that accesses our whole website.

2:01.7

You can do that as well, and it's affordable.

...

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